Company Profile: Salesforce
We Mean Business coalitionSalesforce.com, Inc. is an American cloud-based software company with a market cap of over $122 billion, headquartered in San Francisco, California. The company was ranked #2 in Barron’s 2018 list of 100 Most Sustainable Companies and is the global leader in Customer Relationship Management (CRM).
Commitments –
- Salesforce is committed to sourcing 100% renewable electricity for global operations by 2022, with RE100.
- Salesforce has committed to set a science-based target, with the Science Based Targets initiative.
- Salesforce is a member of the EP100 initiative – through the Net Zero Carbon Buildings pathway, committing to owning and occupying only buildings that are net-zero carbon in operation by 2030.
- After 2020, all major new Salesforce office interiors will align with LEED Platinum v4 standards and pursue net-zero carbon certification by 2030.
- By 2022, Salesforce will invest $10 million in climate entrepreneurs and startups.
- Salesforce will lead geographies where it operates toward a just transition to a low-carbon economy.
- By 2020, Salesforce will expand its internal price on carbon, offsetting 100% of business travel and employee commuting emissions.
- By 2025, 50% of Salesforce suppliers (by emissions) are to have set emissions reduction targets.
- Salesforce is committed to responsible corporate engagement in climate policy and improving water security, through the We Mean Business coalition Take Action campaign.
- Salesforce signed a letter of support for the recommendations of the Task Force for Climate Related Financial Disclosure, and assesses its climate related risks annually.
Emission reduction –
- Salesforce achieved net-zero greenhouse gas emissions since financial year 2018, primarily through emission reductions and offsets.
- Salesforce is partnering with its top suppliers, that are responsible for 50% of its total supplier-related emissions, to set their own emissions reduction targets by 2025.
Renewable electricity –
- In its financial year 2019, Salesforce procured electricity from renewable energy resources equivalent to 55% of what it used globally, as part of its commitment to sourcing 100% renewable electricity for global operations by 2022, with RE100.. This was predominantly through large-scale, long-term purchases and agreements that add additional renewable energy to the grid.
- In 2017, Salesforce increased its share of renewable electricity to 50%, compared to 35% in the previous year.
- In 2018, Salesforce signed the Bright Stalk Project, supporting 80 megawatts (MW) of new wind energy in Illinois. This 15-year virtual power purchase agreement (VPPA) builds upon the company’s previous two agreements, and further advances Salesforce’s commitment to reaching 100 percent renewable energy by 2022.
- In 2018, Salesforce announced that all three office buildings at the heart of its global headquarters in San Francisco are now sourcing 100% renewable energy through CleanPowerSF.
Decoupling growth from decarbonisation –
- Salesforce achieved full-year revenue for fiscal year 2019 of $13.28 billion, up 26% year-over-year, while remaining net-carbon neutral.
Impact areas –
- Salesforce’s multi-tenant cloud computing model has a much smaller environmental footprint than traditional IT hardware and software. By sharing computing resources among a large number of customers, Salesforce achieves economies of scale, especially when it comes to carbon and energy consumption, helping to deliver customers a carbon neutral cloud.
- Salesforce minimizes its data center footprint through platform design, leveraging its multi-tenant architecture, and closely monitoring data center performance.
- Salesforce installed an on-site water recycling system in Salesforce Tower that will save more than 7 million gallons of fresh water a year.
Unique innovations –
- In an effort to move toward more integrated reporting and to disclose investor grade data, Salesforce use the Sustainability App on the Salesforce Platform to track and manage its environmental metrics.
Leadership –
- Salesforce was a major sponsor of the Global Climate Action Summit, in September 2018, which brought together the world’s climate leaders in its hometown of San Francisco.
- Salesforce announced the launch of the Step Up Declaration at the Global Climate Action Summit in 2018. The group of over 20 companies are “dedicated to harnessing the power of emerging technologies and the fourth industrial revolution to help reduce greenhouse gas (GHG) emissions across all economic sectors and ensure a climate turning point by 2020.”
- Salesforce participates in key environmental coalitions and working groups such as: Advanced Energy Buyers Group, CERES BICEP Network, Future of Internet Power, RE100, Step Up Coalition, We Are Still In and We Mean Business. Salesforce is also a member of the Renewable Energy Buyers Alliance (REBA) inaugural board.
- Salesforce held a two-day immersive Ocean Hack, in collaboration with Project Everyone and Wild Labs to bring together a diverse, global group of innovators to develop solutions to ocean-related challenges.
Source:
Salesforce Sustainability